BG CONSTRUCT
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Enterprise Court of Liège, Liège division
- Declared bankrupt
- 18 December 2024
- Supervising judge
- Alain Piekarek
- Official Gazette
- 27-12-2024 (pdf) ↗search the document for 2024/150956
Deadlines
- Appeal or third-party opposition until
- passed on 11 January 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 17 January 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 30 January 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 18 December 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Leon-Pierre ProumenPlace Du Haut Pre 10, 4000 Liege 1lp.proumen@cavenaile.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Activity not known1 site
Size
€39,226turnover 2022
- Equity
- -€7,852
- Loss
- -€13,468
Financial health
Open bankruptcy: no score
Structure
2 of 7 deeds read
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence
Signals
Three signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-07-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
not filed
2022
on the day
2021
1 day early
2020
30 days late
2019
31 days late
2018
2 days late
2017
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 15 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- OpeningEnterprise Court of Liège, Liège…
- Appointment: Antonio BRUZZESE (director)Resignation: Salma NABIL (director) ·…
- Address struckRue du Gonhy 40 L’adresse…
Financials · financial year 2022, micro format
Turnover
€39,226▼ 7.9%
2021 · €42,597
EBIT margin
-32.0%▲ 40.5pp
2021 · -72.6%
Net result
-€13,468▲ 56.7%
2021 · -€31,073
Working capital
-€11,950
2021 · €1,837
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result stays negative: a loss of €12,566 in 2022 against €30,917 in 2021; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€39,226
2022
Operating result-€12,566
2022
Net result-€13,468
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€14,553
2022
Equity-€7,852
2022
Debt€22,405
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€11,950
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-32.0%
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Turnover€36,048-€58,569▲ 62.5%€101,608▲ 73.5%€42,597▼ 58.1%€39,226▼ 7.9%
Operating result€1,233-€14,438▲ 1,071%€12,896▼ 10.7%-€30,917-€12,566▲ 59.4%
Net result€921-€13,933▲ 1,413%€11,526▼ 17.3%-€31,073-€13,468▲ 56.7%
EBIT margin3.4%-24.7%▲ 21.2pp12.7%▼ 12.0pp-72.6%▼ 85.3pp-32.0%▲ 40.5pp
Equity€11,223-€25,156▲ 124%€36,682▲ 45.8%€5,608▼ 84.7%-€7,852
Total assets€13,573-€27,644▲ 104%€55,823▲ 102%€21,934▼ 60.7%€14,553▼ 33.7%
Debt€2,350-€2,488▲ 5.9%€19,141▲ 669%€16,326▼ 14.7%€22,405▲ 37.2%
Working capital€12,482-€24,672▲ 97.7%€32,892▲ 33.3%€1,837▼ 94.4%-€11,950
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €14,553
Fixed assets
€8,866 ▼ 29.4%
Current assets
€5,687 ▼ 39.4%
Equity and liabilities
Equity-€7,852
Debt€22,405
Equity is negative: debt (€22,405) exceeds the balance-sheet total (€14,553).
Key figures and ratios
EBITDA
-€8,882▲
2021 · -€27,233
Cash flow
-€9,784▲
2021 · -€27,389
Solvency
-54.0%▼
2021 · 25.6%
Current ratio
0.32▼
2021 · 1.24
ROA
-92.5%▲
2021 · -141.7%
Interest coverage
-9.85▲
2021 · -155.16
Debt ≤ 1 year
€17,637▲
2021 · €7,547
Debt > 1 year
€4,768▼
2021 · €8,778
Staff costs
€16,021▲
2021 · €4,440
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €36,048 | €58,569 | €101,608 | €42,597 | €39,226 | ▼ 7.9% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €64,678 | €31,573 | ▼ 51.2% |
| Remuneration, social security and pensions62 | - | - | - | €4,440 | €16,021 | ▲ 261% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2,919 | €3,684 | €3,684 | = |
| Other operating charges640/8 | - | - | - | €1,500 | €600 | ▼ 60.0% |
| Non-recurring operating charges66A | - | - | - | €297 | €281 | ▼ 5.3% |
| Gross operating margin9900 | €1,633 | €20,032 | €27,850 | -€20,996 | €8,020 | - |
| Operating profit (loss)9901 | €1,233 | €14,438 | €12,896 | -€30,917 | -€12,566 | ▲ 59.4% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 62.5% |
| Recurring financial income75 | - | €4 | €10 | €0 | €0 | ▼ 62.5% |
| Financial charges65/66B | - | - | - | €176 | €902 | ▲ 414% |
| Recurring financial charges65 | €312 | €509 | €473 | €176 | €902 | ▲ 414% |
| Profit (loss) for the period before taxes9903 | €921 | €13,933 | €12,433 | -€31,093 | -€13,468 | ▲ 56.7% |
| Income taxes67/77 | - | - | €908 | -€20 | - | - |
| Profit (loss) for the period9904 | €921 | €13,933 | €11,526 | -€31,073 | -€13,468 | ▲ 56.7% |
| Profit (loss) for the period to be appropriated9905 | €921 | €13,933 | €11,526 | -€31,073 | -€13,468 | ▲ 56.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,573 | €27,644 | €55,823 | €21,934 | €14,553 | ▼ 33.7% |
| Fixed assets21/28 | €224 | €484 | €15,984 | €12,550 | €8,866 | ▼ 29.4% |
| Tangible fixed assets22/27 | €0 | €0 | €15,501 | €11,817 | €8,133 | ▼ 31.2% |
| Furniture and vehicles24 | - | - | - | €11,817 | €8,133 | ▼ 31.2% |
| Financial fixed assets28 | €224 | €484 | €484 | €734 | €734 | = |
| Current assets29/58 | €13,350 | €27,160 | €39,839 | €9,384 | €5,687 | ▼ 39.4% |
| Amounts receivable within one year40/41 | €13,350 | €26,970 | €30,198 | €8,021 | €5,518 | ▼ 31.2% |
| Trade receivables40 | - | - | - | - | €5,518 | - |
| Other amounts receivable41 | - | - | - | €8,021 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | - | €190 | €9,100 | €1,363 | €168 | ▼ 87.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,573 | €27,644 | €55,823 | €21,934 | €14,553 | ▼ 33.7% |
| Equity10/15 | €11,223 | €25,156 | €36,682 | €5,608 | -€7,852 | - |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,600 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€9,228 | €4,705 | €16,230 | -€14,843 | -€28,311 | ▼ 90.7% |
| Amounts payable17/49 | €2,350 | €2,488 | €19,141 | €16,326 | €22,405 | ▲ 37.2% |
| Amounts payable after more than one year17 | - | - | €12,195 | €8,778 | €4,768 | ▼ 45.7% |
| Financial debts170/4 | - | - | - | €8,778 | €4,768 | ▼ 45.7% |
| Amounts payable within one year42/48 | €868 | €2,488 | €6,947 | €7,547 | €17,637 | ▲ 134% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,416 | €4,010 | ▲ 17.4% |
| Trade debts44 | €868 | €1,578 | €1,908 | €1,407 | €5,276 | ▲ 275% |
| Suppliers440/4 | - | - | - | €1,407 | €5,276 | ▲ 275% |
| Taxes, remuneration and social security45 | - | - | - | €1,452 | €1,232 | ▼ 15.2% |
| Taxes450/3 | - | - | - | €1,452 | €316 | ▼ 78.2% |
| Remuneration and social security454/9 | - | - | - | €0 | €915 | - |
| Other amounts payable47/48 | - | - | - | €1,272 | €7,119 | ▲ 460% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €921 | €13,933 | €11,526 | -€31,073 | -€13,468 | ▲ 56.7% |
| + Depreciation and write-downs630 | - | - | €2,919 | €3,684 | €3,684 | = |
| Operating cash flow (approximation) | €921 | €13,933 | €14,444 | -€27,389 | -€9,784 | ▲ 64.3% |
| Investment in fixed assets (approximation) | - | -€260 | -€18,420 | -€250 | €0 | - |
| Change in cash | - | - | €8,910 | -€7,737 | -€1,195 | ▲ 84.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 31-07-2023 | 2023-00291746 |
| 31-12-2021 | micro format | 30-07-2022 | 2022-20251643 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-65000519 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48700322 |
| 31-12-2018 | micro format | 02-08-2019 | 2019-43500190 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-60200035 |
| 31-12-2016 | micro format | 08-12-2017 | 2017-71400358 |
| 31-12-2015 | full format | 27-09-2016 | 2016-62100504 |
| 31-12-2014 | full format | 29-07-2016 | 2016-38600479 |
| 31-12-2013 | full format | 10-06-2014 | 2014-16400539 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 2 of 7 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Leon-Pierre Proumen Place Du Haut Pre 10, 4000 Liege 1 |
18-12-2024 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2024
27-12
Bankruptcy
Opening
Enterprise Court of Liège, Liège division · judgment of 18-12-2024
22-07
Gazette deed
Appointment: Antonio BRUZZESE (director)Resignation: Salma NABIL (director) · Shareholding · Registered-office move5 facts ▸
Gazette deed
Appointment: Antonio BRUZZESE (director)
Resignation: Salma NABIL (director) · Shareholding · Registered-office move5 facts ▸
- General meeting, 18-06-2024
- Shareholding, 18-06-2024, 50
- Director appointment, Antonio BRUZZESE (director)
- Director resignation, Salma NABIL (director)
- Registered-office move, rue des Moulins, 38 6 à 4610 BEYNE-HEUSAY
05-07
KBO administration
Address struck
Rue du Gonhy 40 L’adresse du siège Rue du Gonhy 40 4100 Die Sitzadresse Rue du Gonhy 40 4100
4100 Seraing werd doorgehaald met ingang Seraing · event 08-05-2024
15-04
Gazette deed
Resignation: Vincenzo BARRACATO (director)Appointment: Salma NABIL (director) · Shareholding · Registered-office move5 facts ▸
Gazette deed
Resignation: Vincenzo BARRACATO (director)
Appointment: Salma NABIL (director) · Shareholding · Registered-office move5 facts ▸
- General meeting, 20-03-2024
- Shareholding, 20-03-2024, 50
- Director resignation, Vincenzo BARRACATO (director)
- Registered-office move, rue Gonhy,40 4100 SERAING (Boncelles)
- Director appointment, Salma NABIL (director)
2023
31-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
30-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Weakest financial yearnet -€31,073
Net result drops to -€31,073, the lowest in the series.
30-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 30 days late
2020
31-08
NBB filing
Annual accounts filed
financial year 2019 · micro format · 31 days late
2019
31-12
Financial
Highest result from 2018 to 2022net €13,933 ▲1,413%
Operating result €14,438, net result €13,933, both a record.
02-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 2 days late
2018
30-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 30 days late
Show earlier events
2017
08-12
NBB filing
Annual accounts filed
financial year 2016 · micro format · 130 days late
2016
27-09
NBB filing
Annual accounts filed
financial year 2015 · full format · 58 days late
29-07
NBB filing
Annual accounts filed
financial year 2014 · full format · 364 days late
2014
10-06
NBB filing
Annual accounts filed
financial year 2013 · full format
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all 26 are under Financials.
2 of 7 deeds read
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded25-09-1996
Financial year end31-12
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Beyne-Heusay · 1 establishment unit since 1996
Ground area
5,638 m²
Building footprint
246 m²
Building volume
2,450 m³
2 parcels, Wallonia · tallest building 12.0 m. Linked by address, not a title deed.
1 establishment unit
Rue Walthère Jamar 112, 4430 Ans
since 1996unit no. 2.078.780.670
2 parcels
Wallonia
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62082B0206/00D000 | Wallonia | 4,830 m² | 1 · 10 m² | - |
| 62003A0770/00S002 | Wallonia | 808 m² | 1 · 236 m² | 12.0 m · 3 |
How the parcels are linked
Good to know
Both parcels match the address exactly.